USA Mega

Idaho Powerball Jackpot Annuity Payout Schedule for Aug 5, 1992

Media: You may freely use any information on this page, but you must credit usamega.com.

The tax information provided here is based on 2026 federal marginal rates and state tax rates.  It shows the final federal and state tax burdens each year, not the amount initially withheld by the lottery.

The Powerball annuity jackpot is awarded according to an annually-increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $8,700,000 for a ticket purchased in Idaho, including taxes withheld.

Please note, the amounts shown are very close approximations to the amount a jackpot annuity winner would receive from the lottery every year.  They are not intended to specify the exact final tax burden, which may vary depending on how the winner chooses to invest or dispense their money, as well as deductions claimed.

State:

Idaho

Drawing Date:Wed, Aug 5, 1992
Jackpot:$8,700,000
Federal Tax:37% marginal rate
State Tax: 5.3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$155,122$29,827$8,221$117,073
2$161,327$31,316$8,550$121,460
3$167,780$32,865$8,892$126,022
4$174,491$34,476$9,248$130,767
5$181,471$36,151$9,618$135,702
6$188,729$37,893$10,003$140,834
7$196,279$39,705$10,403$146,171
8$204,130$41,778$10,819$151,533
9$212,295$44,390$11,252$156,653
10$220,787$47,108$11,702$161,977
11$229,618$49,934$12,170$167,515
12$238,803$52,873$12,657$173,273
13$248,355$55,930$13,163$179,263
14$258,289$59,171$13,689$185,429
15$268,621$62,787$14,237$191,597
16$279,366$66,547$14,806$198,012
17$290,540$70,458$15,399$204,683
18$302,162$74,526$16,015$211,621
19$314,248$78,756$16,655$218,837
20$326,818$83,156$17,321$226,341
21$339,891$87,731$18,014$234,146
22$353,487$92,490$18,735$242,262
23$367,626$97,438$19,484$250,704
24$382,331$102,585$20,264$259,483
25$397,625$107,938$21,074$268,613
26$413,529$113,505$21,917$278,108
27$430,071$119,294$22,794$287,983
28$447,274$125,315$23,705$298,253
29$465,164$131,577$24,654$308,934
30$483,771$138,089$25,640$320,042
Total$8,700,000$2,145,609$461,101$6,093,291

◄ Back to Jackpot Analysis

Note: The Net Payment total above may be a few dollars off from the total after-tax annuity amount shown on the Jackpot Analysis page because the Jackpot Analysis page shows an average annual payment, whereas we calculate an exact payment here.